Bowie, MD – LogicTree Corporation, a leading provider of speech-enabled IVR solutions for travel information for State and Local Governments announces the completion of a US$2.0 million venture loan from Toronto based MMV Financial. LogicTree provides schedule and itinerary information through interactive voice response systems for transit authorities as well as traffic information for state and regional “511” Travel Information systems. LogicTree is privately held with investment from Edison Venture Fund.

"LogicTree will use this financing to accelerate its investment in product development and sales and marketing.” said Rick Stuntz, President and Chief Executive Officer of LogicTree. “MMV Financial has a history of working with our lead investor and structured a deal which met our needs for growth capital. We look forward to having them as our new financial partner.”

“We believe LogicTree will continue to build upon its recent success in both the transit and “511” traffic markets.” said Greg Dimmer, Senior Vice President, MMV Financial Inc. “This well managed company is emerging as a leader in the market and we are excited to be a part of their success. This is our second investment in the State of Maryland this year and we look forward to more activity in the region in 2009.”

About LogicTree
Founded in 1997 by experienced designers of telecom switches and IP gateway products, LogicTree is focused on providing market leading Transit Information and 511 IVR products and services. No company in the market has implemented as many successful speech-enabled traveler information IVR solutions as LogicTree. Its patented VoxLinx™ telephony platform allows LogicTree to seamlessly deliver transit and 511 information from virtually any data source, giving transit agencies and DOT’s maximum flexibility in the types of services they can provide over the phone. For more information, visit the company's web site at: http://www.logictree.com/